Revolutionary London Based Startups Changing The Accounting Industry Landscape

January 12, 2024

The London startup scene is buzzing with innovative companies disrupting various industries. Among the most dynamic is the accounting sector, which has received a much-needed technological makeover. Several disruptive companies founded in or after 2020 are redefining how businesses handle their finances, offering cutting-edge solutions that merge accounting with tech. Here are ten such startups headquartered in England.

These vibrant startups are challenging the traditional accounting sector, offering services that span mobile apps, AI, financial exchanges, and fintech. While accounting might be viewed as dry or intimidating, these companies are proving that it can be dynamic, streamlined, and user-friendly.

Although they all operate within the accounting realm, each startup has its unique approach and integral specialities. Whether they’re helping charities track expenses or offering AI solutions for businesses, these startups prove there’s no one-size-fits-all approach in the accounting sector. Here’s a closer look at each of them.

Artis Finance

Specialising in accounting, financial services, and professional services, Artis Finance was founded by Waldo de Vleeschauwer. They are bringing a fresh perspective to finance management and accounting services. Find them on Linkedin.

M&M Fintech

M&M Fintech is another noteworthy startup making waves in the accounting and financial services industry. Svilen Stoyanov started this company, which is also leveraging financial exchanges. Check them out on Linkedin.

vHelp

vHelp is an expenses application for charities and voluntary groups, founded by Patricia Salume and Randa Bennett. They provide a complete audit trail for all transactions, reimburse volunteers within 48 hours, and integrates with accounting software. Their website is vhelp.co.uk and they are also on Twitter, Facebook, and LinkedIn.

Bankz Banking Network

Bankz Banking Network offers a unique platform for managing all banking account networks in one place. They deliver a user-friendly interface for seamless financial management. Find them on LinkedIn.

IntelliSaving Limited

IntelliSaving Limited is a groundbreaking company that intersects finance mobile apps and accounting. They leverage technology to provide state-of-art financial solutions. They’re on Twitter, Facebook, and LinkedIn.

LemonEdge

Founded by Gareth Hewitt and Jamie Nascimento, LemonEdge brings a suite of powerful tools designed for financial services with an integrated accounting engine. Learn more about them here.

Outsource Payroll Services in UK

As the name suggests, this startup offers payroll accountant services, simplifying the calculation of pay and tax submission process for businesses.

Aizenit

Founded by Colin Thirunesam and Vibeeshan Mahadeva, Aizenit has built AI-based custom automation solutions for businesses. They are active on Twitter, Facebook, and LinkedIn.

Kolleno

Dimitri Raziev and Ron Danenberg started Kolleno, an AI-based unified AR Management Platform that streamlines businesses’ credit control, enabling them to get paid faster and more consistently. Follow them on Twitter and LinkedIn.

Kolleno

Kendra Combs also founded Kolleno, which offers a similar platform and services as the above subsection, and shares the same mission of improving the payment and credit management processes for business.

Accounting Firms – Compare Accountancy & Tax Fee

The UK’s first and only Instant Accounting & Taxation Fee comparison website, they offer users a way to easily compare accountants and tax professionals fees. Find them on Twitter, Facebook, and LinkedIn.

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